Business

The Gothenburg region’s economy is among the best in the world for growth. Growth here is higher than anywhere else in Sweden, and the Gothenburg region came fifth in a comparison of 119 regions in Europe for future potential.

The city has many different areas of strength, both in terms of geography and business operations. A number of areas and industries in particular excel, for example through well-established clusters and networks. These include the automotive industry, information and communication technology, logistics, medical technology, environmental technology and the maritime industries.

Gothenburg is currently home to around 750 different sectors; the equivalent figure for London is around 1,000. Many large cutting-edge companies in industry are also based here: Volvo Cars, Volvo Trucks, SKF, Volvo IT and Ericsson. Other large corporations in the region include Mölnlycke Health Care and Astra Zeneca.

Gothenburg is currently on the verge of a major development boom. The city is growing strongly to make space for 700,000 residents by the year 2035. That’s 150,000 more than at present. Such a change is noticeable, and it demands that we think sustainably.